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Stocks Soar as Earnings Beat Expectations Amid Lower Oil Prices

Guavy AI Editorial Team
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CAT MCD
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U.S. stock futures rose on Tuesday, building on Monday's gains, driven by strong earnings reports and lower oil prices.

Treasury Secretary Scott Bessent told CNBC that Washington is in discussions with Iran, which led to a drop in oil prices: WTI crude fell 3% to $77.95 per barrel, while Brent crude declined about 2% to around $81 per barrel.

Investors will focus on corporate earnings from major companies, including Pfizer, Caterpillar, McDonald's, Advanced Micro Devices, and Elon Musk-led SpaceX, which is set to report its first quarterly results since its record-breaking IPO.

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